The USD/TRY price jumped to an all-time high on Wednesday after the relatively strong Turkish consumer price index (CPI) jumped. The pair rose to a high of 9.8, meaning that the Turkish lira has slumped by more than 30% this year alone. Turkish lira decline While Turkey is often seen as a major emerging market […]
Full ArticleUSD/TRY forecast: Turkish lira in uncharted territories
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